I did watch your original gold to silver ratio video and, yes, that’s what started me on this journey to checking the GSR often. Nice video, and my 85 ASEs look better than your tray. 😂

I just bought some backdate silver Maples and Eagles from Dave at Coinhuskers due to the GSR. (89:1ish) I had other plans for the fiat, but it made sense to me

One thing I might add is that if you are trading silver for gold, the silver would have to appreciate several dollars in order to overcome the premiums or you lose overall.

Let's look at 1964 when silver coinage in the US stopped. At that time, a silver dollar would buy you 10 Mounds bars of candy. An ounce of gold was worth $35, so you could buy 350 Mounds bars. Today, an ounce of silver is worth about $23 or about 15 Mounds bars. However, an ounce of Gold is $2030 today, and it will buy you about 1500 Mounds bars. So, in 1964, you had a ratio of 1 to 35 silver to gold. Now, you have a 1 to 100 ratio silver to gold for the purchase of the same commodity. This is a triple increase in the ratio in silver to gold in the last 60 years.

The problem with 125 ratio in 2020, there was no silver available to buy anywhere

@minotcoinbullion

5 ай бұрын

True. But silver was available at a ratio of around 120 before and after the peak of 125. There was still a good opportunity to capitalize by coverting gold to silver at an extremely high ratio.

Thanks for explaining the ratio. Especially for when to trade out. Makes a lot of sense. Congratulations on your 100oz. Gain!

nice sharing my friend 👌💯👍🎉🎉🎉

This angle of using the ratio never occurred to me, thanks!! I’m changing my strategy…

Great video and info. Thanks for sharing

Great tip.

Here's the problem I have with the math for those of us who don't own a coin shop. Suppose there are no premiums, and in my hypothetical world gold is at $1950 while silver is at $30, exactly 65:1. I have 520 ounces of silver, I sell at $30 each and get $15,600, and that $15,600 buys me exactly 8 ounces of gold. No suppose gold goes to $2040.20 (which it is today) and silver goes to $23.12 (which it is today), ratio of 88.2:1. I sell my 8 ounces of gold for $16,321.60 and buy 706 ounces of silver. I'm up 186 ounces of silver. (but note I'm only up $721.60). So here is the problem... when I sell my 520 ounces at $30 and get $15,600, that actually only buys me 7.62 ounces of gold (figuring a 5% premium makes the cost of gold to me $2047.50). Ok, so now the ratio is 88:1 (gold $2040.20 and silver $23.12 as before) and I sell my 7.62 ounces at spot getting me $15,546.32. And I buy silver at say $25.12 (lowest reasonable price will be about $2 over spot) getting me 619 ounces of silver. So I'm still up almost 100 ounces of silver, but I'm actually DOWN $54. And if I had to sell that silver the next day at spot it would only get me $14,311.28, and I'd be down $1,288.72. I'm actually better off simply selling the 520 ounces at $30 and then holding on to the $15,600 and buying at $23.12 ($25.12 after premium) getting me 621 ounces of silver. But again, even though I have 100 extra ounces, they are worth much less per ounce. And all of this is assuming the ratio goes from 65 to 88 which is a huge swing, and it is all assuming very modest premiums. Damn near impossible for us average guys to make this work out in our favor.

@bobfrassetto8837

5 ай бұрын

you make no sence......

@locostacker

5 ай бұрын

LMAO, grab a calculator, or just blindly believe whatever you wish. LOL

@bosstone100

5 ай бұрын

I get what you are saying. I think it's either focus on the fiat side OR focus on the GSR. if you have to emergency sell your stack at a bad time, that's just bad luck. In the GSR "model", the eventual target is to sell or trade when the value is higher but honestly, that's on the fiat side too BUT if silver does go up in value, you'll sure wish you had the extra ounces of silver.

@joshmiller2725

Ай бұрын

You are absolutely correct in your observation. That’s why physical bullion should not be bought and sold to try to profit on price swings. That’s what the stock market is for, assuming constant trading is your thing. Or you could buy paper gold and silver for that type of trading, but there’s a reason the greatest investors to ever live traded stocks and not paper gold/silver. Physical gold and silver is a safe haven physical asset. Stocks/bonds are investments. Too many precious metals people get the two confused. They get so into physical metal that they want to trade it. That’s a lost cause.

Great video Josh! Explained perfectly.

Very informative.

Very good video.

I just swapped gold for silver today ;)

@lepton31415

5 ай бұрын

@@johnstuartmill1500 I can't remember the exact numbers....but they bought the gold at around 2100/oz and sold the silver for $25/oz

@ronwinkles2601

5 ай бұрын

I think you be better off to just keep your gold unless you are buying at spot with no commission on the silver.

@lepton31415

5 ай бұрын

@@ronwinkles2601 that is irrelevant. I just care about ounces of silver. I will never swap silver (real money) for monopoly money. why would you do that?!?

The is BEAUTIFUL information of wealth and knowledge, Thank You!

Great video and topic! Your delivery was spot on perfect. Thanks Josh. Will be watching your deals!

Great video .thank you still learning but am buying silver every week

Thanks for the tip. Very informative! I wish you the best in 2024 (and yes, I AM subscribed!)

Awesome video

@minotcoinbullion

5 ай бұрын

Glad you enjoyed it

Great video. Very well demonstrated!

@minotcoinbullion

5 ай бұрын

Thank you!

This is a great video Josh!!!!

@minotcoinbullion

5 ай бұрын

Glad you think so!

Why is it not called the Silver to Gold Ratio?!?

It's always good to swap. We need to see the eatios in the 60s again.

Josh, are you able to do trades via phone and mail? We agree on price and product, I ship silver, you receive, inspect, and return ship gold? Just curious for now. Thanks!

@minotcoinbullion

5 ай бұрын

Sure. I’d be happy to do that. Let me know if you’d like to do a trade.

Great video! My question, at what point do we consider GSR to trade silver for gold? When the ratio drops significantly, the masses will head for the stores to either cash out or trade. With the stampede, there will be no gold to trade for. So, how do you balance the everwidening GSR gap and when do you jump in and beat the masses?

We need silver shortages to see what silver is really worth...hopefully the future solar production will cause shortages.

@tonyneville4425

5 ай бұрын

​@@johnstuartmill1500 okay Rockefeller shill

Love the channel. Question: If a customer is selling gold, can he get a little better price if he is using it to buy silver (or anything in the shop) vs. cash? Or are the margins just too tight? thx

@minotcoinbullion

5 ай бұрын

It depends. Each situation is different depending on the items involved and the current market prices (both wholesale and retail). Normally I can offer the customer a better price on trade rather than treating it like a separate buy and sell.

@pcazz780

5 ай бұрын

@@minotcoinbullion Thanks for the reply

What would be a healthy fee(for the buyer) a LCS should charge for trading gold for silver? Hypothetically generic bullion for both.

@minotcoinbullion

5 ай бұрын

I use 3-5% of the transaction value. Sometimes a tad less

The ratio of silver vs. gold in the earth's crust is 17.5 : 1. Historically, the silver-to-gold ratio has been fairly steady (with exceptions such as those caused by a big silver or gold find), reflecting the availability of both metals. Because the silver and gold markets are being manipulated right now by the big banks and speculators, the current (artificial) value of silver vs. gold is 91 : 1. So... all I'm saying is to use your brains. It's only a matter of time before something happens and one of the megabanks finally demands physical delivery of the silver that the derivatives are based upon. Just watch what happens to the price of silver at that point.

I think there could be a problem with conversion if dealer spreads are high. Its not just premiums to take into consideration but buy/sell spreads and what the dealer needs or wants out of the deal as well. Josh, you are very fair 85 silver eagles for 1 oz gold. I dont see the dealers doing this is my area. Spreads are very steep especially for silver ...

@minotcoinbullion

5 ай бұрын

Good point. All dealers will handle these trades differently. It pays to ALWAYS get a second opinion/offer.

Everything go up, car ,house ,food ect. But some reason silver doesn’t want to move ! I wonder why !😮😮😮😮 some stacker already give up and sold their silver. I think that big mistake . I gone too far to turn back . I,m going to cash In , say 2025 or 2030 😅

Good clip. Need that ratio to come down. Thanks Josh

@minotcoinbullion

5 ай бұрын

Any time!

True ratio is 9-1 Pulling out of the ground so until then I will be patient

How about silver buffalo to good. When is that a good time

For my money, gold is the only way to go. I only buy bullion coinage, and the premiums on silver coinage is just too damn high when you pay 25% to 30% for silver in premiums versus gold coinage at 3% to 4% in premiums. Example: 80 Silver Maple Leafs at $30 each equals $2400 and includes $560 in premiums over spot. One gold 1 oz. Gold Maple Leaf will cost you $2100 with spot at $2035 and includes a $65 premium. You go to sell either silver or gold the best you will do is spot, so you will lose your butt on silver.

Free shipping?

@minotcoinbullion

5 ай бұрын

On orders over $1000. Yes free shipping

Ratios? Like when you go to a bar. 10 men to every 1 woman. So what. Its good information but what is important WILL YOU SCORE??

Comment for the a l g o.

We need.to set the standard by not selling silver rounds for less then $28 oz and everything 35 oz.

20 years from now, Silver at 18 bucks...............but even then, they will be telling you it's gonna Sky Rocket anyday now.........

@markpong5435

5 ай бұрын

In Australia you had to pay AU$24-26 for a bullion silver coin 5 years ago. Today you have to pay AU$50 for the same coin. 100% increase in 5 years. Not bad for an asset which has no counterparty risk.

@FosterFarmsOk

5 ай бұрын

Silver to the Moon in 24. Lol.

@gastondoumerc7863

5 ай бұрын

I’ll buy silver all day long at $18 if the ratio is right.

@privatepilot4064

5 ай бұрын

It’s not about how much failing fiat currency you can get for your silver, it’s about how much silver you can get for your failing fiat currency. The silver IS the money. It’s all about perspective.

@rudeawakening3833

5 ай бұрын

I think that folk band - “ The Seekers “ sang a song called “ I Am Australian “ … Right ? G’day mate ! 😂

Gold to silver ratio is like apples to oranges. Each are unique but separate. The ratio of the 2 metals irrespective of their properties is meaningless.

@Au_Ag_ratio5021

4 ай бұрын

It's so meaningful it is minted into the face of the eagles. ONE DOLLAR and 50 DOLLARS. 50-1 , can't be made easier.

The GSR is no longer relevant.

@badlands4547

5 ай бұрын

Why?

@Knife_Collector

5 ай бұрын

You are correct.. Gold is a tier 1 monetary metal, silver is an industrial metal. The ratio only matters if you're doing a trade. Same with copper, iron, anything of value.

@dpirkl4560

5 ай бұрын

Only people that don't understand asset allocation say things like that. How do you compare assets you want the one that is cheap compared to another asset. You can't expect old ratios but knowing the ratios gives you more and relevant information.

This isn't any different than trading stocks from a theory standpoint.

JUST SUBED I like SOME smaller channels!!!

Gold to silver ratio is irrelevant, mainly due to skewed pricing of taxes and variable premiums. These metals should be viewed separately in terms of their a value within a given current economic and geopolitical environment. Over time my strategy has shifted from 40-1 S2G to 6-1 S2G, ŵhich seems from an historical perspective counterintuitive. However, this 6-1 S2G seems a perfect balance for purposes of liquidity and utility. Given that analysis is an end result of 9yrs accumulating, I would recommend the first 50-100oz of silver in your own currency denomination be acquired in the first instance.